Isthmus Partners LLC Makes New $16.29 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Isthmus Partners LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 347,279 shares of the company’s stock, valued at approximately $16,291,000. SPDR Portfolio Emerging Markets ETF accounts for 1.7% of Isthmus Partners LLC’s investment portfolio, making the stock its 11th largest position. Isthmus Partners LLC owned 0.10% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $289,000. AQR Capital Management LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 80.2% in the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares during the period. First Trust Advisors LP lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after buying an additional 263 shares during the period. Finally, Marshall Wace LLP bought a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $768,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

Shares of NYSEARCA SPEM opened at $51.29 on Thursday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $42.66 and a 12-month high of $53.54. The stock’s fifty day simple moving average is $51.77 and its two-hundred day simple moving average is $49.76. The stock has a market capitalization of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF Company Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.